Category Archives for "Property"
A home loan modification is a financial construction in which an existing mortgage is changed to make it more comfortable for borrowers, ensuring they can continue to make their repayments. Essentially, borrowers ask their lenders, often through a company like Golden State Financial Group, to make changes to the existing loan terms because they are facing some sort of hardship. In so doing, they ensure that they don’t have to go through foreclosure, and the lender ensures they still get their money.
Golden State Financial Group on What Home Loan Modifications Are
These plans are part of the Home Affordable Modification Program, which was developed in February 2009, at the height of the foreclosure crisis. The aim was to ensure people who struggled to make their repayments would be able to come to a more affordable arrangement. The standards have been federally set under this program.
Someone who is struggling to make their home repayments because of hardship can use these programs to avoid foreclosure. Their home loan is restructured by lowering interest rates, extending the loan term, and even writing off some of the principal. The aim is to make sure that what the borrower pays stays below 31% of their gross monthly income.
Qualifying for a Home Loan Modification
Not everybody qualifies for these types of programs. Lenders do have their own in-house modification programs, but if someone applies through the federal arrangements, they must:
Have taken out their mortgage before January 2009. This stops opportunists from taking advantage.
Be the home’s owner-occupant.
Be in negative equity.
Be in significant financial hardship as a result of reduced income, medical bills, increased mortgage repayments, and so on.
Currently make payments towards a mortgage that are more than 31% of their monthly gross income.
Prove they can make the new repayments.
The goal of a home loan modification is to ensure you can repay a loan, not to stop you from having to pay it at all. If you are in such financial distress that you cannot make any repayments, then other solutions will have to be found.
During the application, people need to provide a wealth of information, including:
Proof of gross income.
Proof of assets.
Proof of monthly payments.
Proof of any other outstanding debt and payments made towards that.
Furthermore, applying for a loan modification means writing a financial hardship letter. This letter needs to explain, in a short and concise manner, why the individual is in financial distress and what has caused this. Once all this information has been collected, it must be sent to the lender with a request for loan modification, which they will then review. Asking for the help of a company like Golden State Financial Group is often a good idea, as it means they can check whether all the necessary documentation is present and whether it is offered in the right way. This avoid being rejected and having to start to process again.
As anyone who has worked in the agricultural industry will testify, it’s certainly not a cheap one to operate in. In other words, the potential margins might be high, as you are constantly supplying food to eat, but to get to that level the equipment you need is very expensive.
This is one of the reasons why the best agricultural equipment financing companies are proving to be a popular option for business owners nowadays. In short, they give you an extra option to purchase equipment on, and mean that you don’t have to spend your entire year’s revenue on just one piece of machinery. In fact, it can be split across several years, which opens up umpteen growth opportunities.
As with any financial topic, there is still a lot of misinformation doing the rounds though. This is the reason this guide has been put together, as we take a look at some of the primary myths that exist in relation to buying agricultural equipment on finance.
“You need to put down tax returns and financial statements”
This first myth sounds correct, for the simple reason that most of us know how seriously banks are vetting applicants these days. Once upon a time you could walk into the bank and be pretty much given what you asked for. Now, the economy means that this has changed.
However, when it comes to the hire of agriculture equipment, this isn’t necessarily the case. Sure, if the equipment is particularly expensive (and we’re talking about that which is in excess of $250,000) there probably is a case to hand as much evidence as you can to the bank.
For smaller items, this isn’t always needed though. Specialist lending companies tend to have requirements which are far less strict than high-street banks in this regard.
“You can’t obtain finance because the equipment is too old”
This is something which also tends to be a problem with some banks. Some banks will put an age requirement on equipment, suggesting that it is too old to be eligible for finance.
It’s at this point you need to say to yourself that if you deem the equipment right for your business, you should chase down every avenue to obtain finance for it. In some niche agricultural fields, new models aren’t created all of the time. This means that old equipment is needed, and of course you need finance for it.
At the same time, you might need equipment for a job that you aren’t going to complete too frequently. In these cases, purchasing old equipment obviously makes much better business sense.
“You need to put more collateral for the loan”
This is quite an old-fashioned way of purchasing equipment, but is again one of the methods that some major banks insist upon.
This is another one of the reasons why specialist equipment financing companies tend to be a better option. It’s companies like these which will usually be completely fine with the equipment itself being the collateral, and won’t demand anything else.
Getting your house ready for winter is an annual ritual for most homeowners. Did you know that insulating your attic before winter season hits will help to prevent the occurrence of ice dams? Moreover, tuning up your heating system will prevent you from making emergency repairs that are more expensive in the end.
Here are some important winter maintenance tips that you should know:
Your Heating System
Before you start checking your heating system this winter, you should do some preventative maintenance. Doing so might help you to extend the life of your heating system.
Before winter, you should do the following:
During winter, you should:
Is your insulation ready to protect you from the cold? It is worth taking the time to check the insulation and upgrade it. Make sure that you start weather stripping before the cold season arrives.
Your home’s piping system can be damaged by freezing temperatures. You should check whether your pipes are ready to handle a cold snap and make sure that you take extra precautions if you are going away for the winter. For instance, you could turn off the water supply to prevent damage in your absence.
Safety Measures for Winter
As you prepare for winter, you should heed as many safety measures as possible to avoid problems. Here are some safety measures that will come in handy:
Key Equipment and Supplies
You should stock up on generators and blowers to prevent problems later. According to the owner of Delsea termite & pest control, you should hire an exterminator to get rid of pests before winter season. Moreover, you should have roof rakes and snow shovels at the ready.
Moving things from one area to another can prove to be difficult due to factors such as distance, size, and weight of things, weather, and traffic. However, such important factors are less considered as many people prefer moving things their own way to save money. This is understandable as people already spend a lot of money before the moving process such as, when you spend a lot of money to try and improve the value of your home. In the end, trying to move on your own usually results in spending more and damaging most of the valuables. Below are seven key advantages of hiring a removal company.
Whether it is office furniture or relocating to a new home, the need to move is an added responsibility on top of other things you need to do. You can easily go on with your usual activities of the day and let a house removal company do the moving for you.
There are many risks when moving objects. You can overlook the weight of an object and in an attempt to lift it get injured. Removal companies have staff trained in heavy lifting, thus it is safer. Some things are fragile and need special packing. Removal companies ensure these items get to the destination in the same condition as when they left your home.
Professionalism remains the most important benefit when you choose to hire a removal company. Removal staff are well trained and have vast experience that they use ensuring your prized belongings are handled and moved with care.
More time is spent when you choose to do all the packing yourself. It is even more difficult to get people to help in time as many friends and family can only help in their free time. This causes delays and a last-minute rush. House removal companies have the labour aspect sorted. Packing and moving are efficiently done, saving you the time and effort of doing it alone.
Equipment such as vehicles becomes very important when moving. Many people are forced to borrow vehicles from friends and family. At the end of the day, many prized items are damaged and unwanted losses incurred. Most removal companies like http://www.advanced-removals.co.uk have vehicles suited to transport a variety of items. This guarantees you the safety of your valuables.
Insurance companies easily cover damages sustained to your items when you seek professional help. This is because insurance policies can only validate the damage if the items are packed professionally.
Full service moving companies have their own storage units they use to safeguard your belongings, for instance, when you are forced to move and the place you’re moving to is not yet ready for occupation. These storage units are constructed to hold a wide variety of items safely and effectively.
Other advantages include an underestimating of just how many packing materials you will need, which avoids the need for you to source extra materials at the last minute or make do with less-than-optimal options. Professional movers provide all these things with ease and even use less than you would have used, as they have more experience. Hiring a professional removal company will make your move easier and a stress-free experience.
In the Tampa Bay area, it seems that very few buildings are being constructed. In fact, the last time there were major projects going, many of them for residential properties and hotels, 16 were cancelled. This is true, as well, within the world of commercial office space in the area. Vacancy rates have risen, rental rates have dropped. While this may sound bleak, it is also the news people like Shaun Benderson have been waiting for, because it means there are deals to be made.
Shaun Benderson Thinks Bad News Is Good News
Within the world of economics, when prices drop, demand rises, which leads to prices rising again. It is all a balancing act. In areas such as Phoenix, AZ, vacancy rates are down and rental rates are rising, which means fewer people are able to get into the market. Eventually, this will lead to a reversal of fortune, an that is exactly what has happened in Tampa Bay and Sarasota. And that may be bad news for property owners, it is excellent news for people like Shaun Benderson.
In these types of areas, it is now easier than ever to start a new retail project, for instance. The space is there, and property owners are desperate to find tenants. By taking on one of these properties, which is likely to be at a greatly reduced rate, you could be the scoop that turns things around, because it will get other business owners interested in the lower prices for commercial real estate.
Tampa Bay is one of Shaun’s favorite places in the world, and it is now the perfect place to start a business. Not just that, some 2.7 million people live here and that number has been steadily but rapidly growing over the years. Unemployment and crime rates are reasonably low, which means it is also a good place to raise a family.
The economy is also very strong. There are numerous firms focusing on air and sea electronics that have defense contracts. Additionally, the U.S. Central Command is here, from where the Middle East activities are directed. Additionally, there are four trauma centers and more than 20 hospitals, many of which are developing groundbreaking new treatment and medicine. Tampa Bay is also home to a strong financial sector, as well as having excellent ports and being attractive to tourists.
The downtown area of Tampa Bay is somewhat downtrodden. However, the government is working hard at revitalizing it, placing a focus on the many public landmarks to be found here. In so doing, they are further raising the interest in this city, attracting more businesses to its empty spaces. Add to this the current affordability of these spaces, and it quickly becomes clear why people are snapping up properties in this area. Sarasota, meanwhile, is showing similar signs, a clear indicator that the economy is really picking up again. Whether Phoenix will be first to decline again, or whether it will simply keep up will remain to be seen.
Edinburgh is one of the fastest growing cities in the UK. Over the years, the area has grown to be a leading tourist and vacation hub in Scotland. This has led to the development of hotel rooms and apartments suitable for accommodation. When on vacation, you need to choose a quiet and safe place to stay with your family. Here are some of the reasons why it’s best to stay in rental apartments.
Unlike hotel rooms, rental apartments offer home-like comfort. You can choose a fully-furnished apartment. The apartment is serviced with quality furniture, cooking utensils, and entertainment devices. Once rented, the occupant enjoys these services together with other special amenities.
You should enjoy your privacy while at home and away from home. Unfortunately, hotel rooms do not guarantee privacy. The room can be accessed by the attendants at any time of the day. The only place you can be assured of 100% privacy is a rental apartment. Accessibility of a rental apartment is limited to the occupant.
Are you struggling to find a rental apartment? Apartments in Edinburgh are readily available. Moreover, these apartments are located in Central Edinburgh. You can find a 2-bedroomed or 3-bedroomed apartment depending on your family size. These apartments can be booked online. The next time you are going on vacation to Edinburgh; don’t hesitate to rent an apartment.
Renting an apartment is the cheapest accommodation option. The terms of payments are mainly monthly based or depending on the period of your stay. Compared to living in a hotel, apartments are very affordable. Moreover, you can find a rental apartment within your budget. Compare rental rates of different apartments to find the best for you.
Location is a major factor to consider before renting an apartment. When on vacation in Edinburgh, make sure that you stay in the luxurious and modern apartments in Central Edinburgh. These apartments are within the city. Tenants enjoy an easy transport system, proximity to shopping malls and tourist attraction sites.
Finally, rental apartments guarantee safety and security. Most of these apartments are within gated communities. These communities have installed various security measures to ensure the safety of occupants. Access to these communities is limited to the tenants.
These are some of the reasons to consider renting apartments. However, it is important to note that they are in high demand. Although they are available, you can only be guaranteed of an apartment by booking in time. When booking, make sure to state your period of stay. You will also be required to make a deposit to book the apartment. As you prepare for your next vacation, make sure that you start by searching for the right apartment for your family.
Long term travel is not for everyone. It is not easy as it seems. How do I know that? Well, I travelled for a year and visited some wonderful places and learnt a lot. I gained experience and a world view. It was good for the most part but there were some not so good experiences too. If you are planning long term travel, then you should know a few facts.
These are some of the facts that you should know. Also it is advisable to spend less on your travels.
If you drive on a frequent basis, simply continue reading to discover 5 traffic offence facts, which may surprise you! As well as how to contest any traffic offences which you may be charged with.
5 Traffic Offence Facts Which May Surprise You:
If you are involved in a motor vehicle accident and attempt to flee the scene, you may find face criminal prosecution as it is illegal to flee the site of an accident which you were involved in. Legally, you must stop and provide assistance to any individual who is injured. Furthermore, you must be willing to providing your name and address as well your vehicle’s number plate to the other motorist involved in your motor vehicle accident. If you believe that the other motorist was at fault, it’s well worth calling a lawyer.
If you’re caught driving, whilst serving a temporary driving disqualification for drinking under the influence, you may find yourself facing a $5,000 fine or a 1-year prison sentence. As well as being disqualified from driving for a further three years. So if you’re ever charged with driving under the influence, it’s well worth hiring a qualified traffic offence lawyer, to fight the charges submitted against you. As having a DUI charge on your record can cause you serious problems, in the long term.
If you don’t pay a traffic fine within 14 days of receiving your fine, a reminder notice will be posted your address. If you fail to make the necessary payment within an additional 14 days, you will be visited by a fines recovery and enforcement officer, who will have the legal right to confiscate any of your assets or personal property, in order to settle your fine.
If you’re unable to pay a traffic fine, you are permitted to enter a payment arrangement, which will allow you to pay your fine in regular installments, over a 12 month period.
As well as facing expensive fines, if you commit a traffic infringement you may also incur demerit points. If you collect too many demerit points, your driving license may be suspended or you may be disqualified for a period of 3 years. You may be surprised to learn that minor traffic offenses such as speeding can result in the accumulation of demerit points. So it’s well worth contesting any speeding fines which you may pick up.
So if you’re surprised by some of the facts listed above, it’s well worth having a family lawyer, who you can call in the unfortunate event that you’re charged with a driving offence. On the bright side, traffic offence lawyers put their clients first no matter the fault. They care about the client/customer service you are receiving without judgement. You’ll be thankful you hired a qualified professional to help beat your case.
Every now and again, we all need to take a break from the stresses of day-to-day life and escape to rejuvenate for a few days. One of the favourite places for this in Europe is France. The country has some of the most beautiful scenery, and lots of charming villas in France are readily available making the perfect place to stay.
There are many reasons that make France the perfect destination for a health retreat including its natural beauty, diversity, world-class food and fine wine. It is fully worth saving money to travel to this beautiful destination. If you want to escape the noise and pollution, head to one of the many charismatic villages dotted around the countryside. Most villages have ATM’s, restaurants and a strong Wi-Fi connection while still retaining their traditional character. If you want to explore the history, you have castles, palaces and former battlefields to check out. Or perhaps, you just want a few days relaxing in the French Alps or along the Riviera. And then add in the mild year-round climate, and you have the perfect spot to relax.
So now that you know why France makes an excellent destination for a health retreat, let’s take a look at a few of the best places to spend your time. You won’t need to worry about nutrition facts or counting calories, all the food and exercise is readily available. After all, who wants to spend their time walking around the busy and noisy streets of Paris when they want to relax?
Provence in France’s southeast shares a border to the east with Italy and has a large section of the Mediterranean coast to the south. The environment is somewhat special with lavender growing in the fields and the endless stretches of olive trees. Popular activities in Provence include enjoying the outdoors with several trails for hiking. Kayaking is also a favourite pastime. You can explore ancient Roman ruins and spend your time soaking up the charm and atmosphere in one of the many villages. Spending a few days in Provence is certain to make a perfect place for a retreat.
If you’re flying into Paris and want to spend a few days recuperating in a medieval town, head to Chartres, which is about 100 kilometres from the capital. You’ll find a 13th-century cathedral along with lots of gothic buildings. The old town is very romantic with its ageing facades and cobblestone streets. A number of hotels and vacation rentals are sure to provide you with the luxury you need.
Brittany has lots of places that make an ideal spot for a health retreat. But few beat the small town of Locronan, in the north-western part of the province. Locronan is consistently rated as one of France’s most beautiful villages making it a suitable place to enjoy a few days. Inside the town, you’ll see various 18th-century buildings and a Gothic church and you’re within a few minutes of nature. Can there be anything better than relaxing with a glass of wine while soaking up the wonderful atmosphere inside this town?
There are lots of health spas around France offering services from facials to the full day treatment. Most are in serene environments and make for a great place to relax. You should consider looking into what spas are around the area you’re planning to stay and try to arrange a day of treatment. Yoga is also popular in France and finding a class in your area is never very difficult.
Apart from the above, many of France’s towns and cities have large public gardens full of flowers and colour in the warmer months. Why not head down and spend the afternoon with a picnic and a good book? Few can find anything more relaxing than spending an hour or two in a beautiful garden surrounded by fantastic scenery. And after that, you could head to the nearby cafes and restaurants for a coffee or some of the world-famous French cuisine.
If you ask people around the world what France is famous for, wine is sure to be one of their top answers. So, for those of you who like the odd glass of wine, joining a wine tour is a must. There are many tours to choose from, and it all depends on the region you’re staying in. But it’s worth the excursion, and you may be able to bring back a bottle for yourself.
A health retreat means different things to different people. Make sure you define exactly what it means to you before planning where to go in France. If you want to spend your time at the spas, don’t book accommodation in one of the smaller villages. And, likewise, you’re not going to get much peace when you stay near Paris. Be clear about what you want, and you can start planning the ideal retreat.
A range of hotels and resorts are around France with some offering the full package including an adjoining spa and other amenities. These are ideal places to start your search. You may also be able to find recommendations online from other travellers to help you make the right decision.
France has beautiful scenery, fine wine and lots of high-end resorts, vacation rentals and hotels. You can find what you’re looking for to have a perfect health retreat whether you want to spend the week in a spa or on the beach. Just make sure you plan the activities beforehand, and the ultimate relaxation will come next.
When remodelling your home, one of the main parts to consider is the floor. This decision is not always easy, especially as we always search for a balance between price and practicality. We want something of good quality but with a budget in mind. In our mind, the solution to this is laminate flooring. A perfect alternative to traditional floors, laminate flooring is a great compromise as it is considerably cheaper than solid or engineered wood, but is just as visually appealing, durable and if not easier to install.
One of the main reasons that laminate is so durable is due to the way that it is constructed. It is basically made up of four layers: backing, core, image and wear layer. The backing is the barrier between the sub floor and the rest of the layers, the core enables the floor to support the weight of the people walking on it, the image is as the word itself says, the layer that gives the wood look to the floor. The fourth one is the wear layer, it is a protective layer that avoids the flooring to fade.
Another appealing feature of laminate flooring is that is waterproof, meaning not only that it is resistant to any liquid spill but also that it is very easy to clean. This makes laminate one of the few family friendly floors. And it is affordable, which makes it great for renovations on a budget.
If you’ve already spent a lot of money on the floor itself, the last thing you want is to be worrying about it getting damaged during every day life. Fear not! Laminate is one of the easiest floors to maintain and keep clean, all it requires is regular sweeping and occasional mopping to help the floor look as good as the day it was installed.
Laminate flooring is often praised for it’s versatility, it is able to replicate not only different species of wood such as oak or walnut, but can also emulate the look of stone or slate tiles. This again fits perfectly with the budget aspect of things. If you would love the look of real wood or real stone in your home but struggle with the price tag, laminate makes the perfect substitute!
The installation of laminate flooring is among the easiest on the market, perfect for DIY amateurs and professionals alike! Unlike real wood floors you don’t have to worry about acclimatising the wood, instead you can get straight on with laying the floor and transforming your home without delay. It’s also one of the least messy installations too, no need for any glue or nails, instead laminate often comes in a ‘tongue and groove click system’. What this means is that the laminate can simply be measured and slotted into place, easy!
Finally, laminate is a great option for those who suffer from allergies mainly because unlike carpets, it doesn’t collect dust and is easy to just wipe clean. It is also a very sanitary product due to its locking system and plastic wear layer, creating a shield against moisture that wants to get in. It does not contract or expand like real wood does if it comes into contact with changing temperatures or excess moisture. However, if moisture does get in, or any permanent damage occurs to the surface or core-board, laminate flooring is easily replaced.
So there you have it, just a few reasons why we think laminate flooring is a fantastic flooring option for any home!